Breakdown | ||||
Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
89.48M | 93.65M | 109.84M | 110.79M | 138.50M | Gross Profit |
-3.83M | -14.31M | 3.05M | 4.24M | 34.65M | EBIT |
83.22M | 70.63M | 90.18M | -62.71M | 70.36M | EBITDA |
29.70M | 20.48M | 40.80M | 79.44M | 103.24M | Net Income Common Stockholders |
19.73M | 12.19M | 17.13M | -84.89M | 9.71M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
34.31M | 128.14M | 122.89M | 122.47M | 114.58M | Total Assets |
1.14B | 1.18B | 1.22B | 1.28B | 1.42B | Total Debt |
675.50M | 755.98M | 828.13M | 947.64M | 1.07B | Net Debt |
651.94M | 639.07M | 708.96M | 825.17M | 957.15M | Total Liabilities |
885.92M | 937.96M | 989.93M | 1.13B | 1.19B | Stockholders Equity |
256.39M | 241.63M | 227.09M | 156.94M | 220.95M |
Cash Flow | Free Cash Flow | |||
81.56M | 48.38M | 54.46M | 62.18M | 29.77M | Operating Cash Flow |
81.57M | 48.39M | 54.48M | 62.28M | 88.51M | Investing Cash Flow |
13.21M | 38.52M | 65.62M | 20.08M | -58.74M | Financing Cash Flow |
-96.03M | -97.36M | -109.90M | -92.59M | -56.17M |
Avation PLC has announced its continued commitment to repurchasing Avation Capital S.A. Senior PIK Toggle Notes due 2026 as part of its global medium-term note program. The company will provide quarterly updates on the repurchases, with immediate announcements for significant transactions, reflecting its strategic financial management and potential impact on its financial stability and stakeholder confidence.
Avation PLC has repurchased US$3.5 million of its Senior PIK Toggle Notes due 2026, acquired at 97.5% of face value, and will cancel them, leaving US$320 million in outstanding notes. This move reflects Avation’s ongoing financial management strategy, potentially impacting its debt profile and signaling a focus on strengthening its balance sheet.
Avation PLC has repurchased US$1.94 million of its Senior PIK Toggle Notes due 2026 at 97.50% of face value, reducing the outstanding notes to approximately US$324.6 million. This strategic move is likely to impact the company’s financial structure and could influence its market positioning by potentially improving its debt profile.
Avation PLC has repurchased 25,000 ordinary shares at 150 pence per share, which will be held in treasury, affecting the total number of voting rights in the company. This transaction highlights Avation’s strategic financial management, potentially impacting shareholder calculations under the FCA’s rules.
Avation PLC has repurchased US$3 million of its Senior PIK Toggle Notes due 2026, at 97.50% of face value, under its global medium term note programme. This move reduces the outstanding notes to US$326,555,981, potentially strengthening Avation’s financial position and demonstrating its commitment to managing debt effectively.
Avation PLC has announced a new six-year lease agreement with Colombian airline Clic Air for an ATR 72-600 aircraft, marking the company’s entry into the South American market. This strategic move is expected to enhance Avation’s growth and expand its market presence, while establishing a new customer relationship with Clic Air.
Avation PLC has announced the grant of 565,000 share warrants to its directors and employees as part of its long-term incentive plan. These warrants, issued at an exercise price of 132 pence per share, are designed to align with the company’s Remuneration Policy and will vest over three years. This move is expected to enhance employee engagement and align the interests of the staff with those of the shareholders, potentially impacting the company’s operational dynamics and market positioning.
Avation PLC has successfully completed the acquisition of an Airbus A320 aircraft, which will be leased to Etihad Airlines until October 2031. This acquisition expands Avation’s fleet to 33 aircraft and enhances its customer base by adding a high-credit airline, further diversifying its operations across 16 airlines in 14 countries.
Avation PLC announced the effective listing and commencement of trading for 278,371 new ordinary shares on the London Stock Exchange as of March 21, 2025. This move increases the total number of ordinary shares in issue to 74,950,257, with 66,820,257 total voting rights, potentially impacting shareholder voting percentages.
Avation PLC has repurchased US$2,000,000 of its Senior PIK Toggle Notes due 2026 at 98.5% of face value, reducing the outstanding notes to US$329,555,981. This strategic move is part of Avation’s efforts to manage its debt portfolio, potentially strengthening its financial position and enhancing its market competitiveness.
Avation PLC announced the allotment of 278,371 new ordinary shares following the exercise of staff and listed warrants, representing approximately 0.37% of the company’s enlarged capital. This exercise generated proceeds of £296,721.42, which will be used for general corporate purposes. The new shares are expected to be admitted to trading on the London Stock Exchange by 19 March 2025. Additionally, Robert Jeffries Chatfield, a director, increased his holdings to 18.53% of the voting rights through subscription and a trust transfer, reflecting significant insider engagement and potential confidence in the company’s future.